Interfor closes $143.75-million offering

Mr. Rick Pozzebon reports INTERFOR ANNOUNCES CLOSING OF $144 MILLION BOUGHT DEAL OFFERING OF COMMON SHARES INCLUDING CONCURRENT EXERCISE OF OVER-ALLOTMENT OPTION Interfor Corp. has closed its previously announced bought deal treasury offering, including the full exercise of the overallotment option, for gross proceeds of approximately $143.75-million. The syndicate of underwriters led by RBC Capital Markets and Scotiabank fully exercised the overallotment option to purchase an additional 1,865,670 common shares at the offering price of $10.05 per share. Including the exercise of the overallotment option, the company issued an aggregate of 14,303,470 common shares. The net proceeds from the offering will be used to pay down existing indebtedness and for general corporate purposes. About Interfor Corp. Interfor is a growth-oriented forest products company with operations in Canada and the United States. The company has annual lumber production capacity of approximately 4.7 billion board feet and offers a diverse line of lumber products to customers around the world. We seek Safe Harbor.